#MEMEusdt forecast by @MNEURA
MEME is the one of a highlighted token in meme category in few months ago but it suddenly correcting from 0.057562 in last all time high in Binance futures chart by formation of huge falling wedge pattern with the support of crossing down POC of all time volume profile. Now it has formated a head and shoulder pattern for the next holding point of wedge lower trend line. We thing this low may be the lower of this wedge pattern and after that it may pump to the lowest demand zone and after it may hit POC of the volume profile. So there are some confirmation from the RSI and the 200 SMAs of several time frames in weekly RSI has about to oversold and Daily RSI too in SMAs, MEME is so far from the 1D time frame it is an Unstable situation for the market so the price has to come towards of 200 SMAs in 1D by looking at all the facts of above we have to watch MEME in these weeks till it abstain above mentioned facts after that we can enter a long position in future or spot if you're going to enter a long position of future you have to watch till price reach rounded are of white color and till formate a divergence at least 4H time frame because still MEME in major down trend. Be careful, patient, success
Thank you all.
#mememcoinseason2024 #BinanceTournament #MtGoxJulyRepayments #VanEck_SOL_ETFS